Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Pakistani Rupee/South African Rand (FOREX:PKRZAR)
Crossroads (+60) - PKRZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PKRZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PKRZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PKRZAR
The long-term trend has been DOWN since Jul 15th, 2020 at 0.09944943
The intermediate-term trend has been UP since Feb 25th, 2021 at 0.09488597
The short-term trend has been UP since Feb 25th, 2021 at 0.09377238
Smart Scan Analysis for PKRZAR
Based on our trend formula, PKRZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).